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Shiba Inu drops 4.79% amid thin market liquidity, testing key $0.0000055 support level.

Market News
07 Oct 2026
CryptoTicker
View Source
Bearish
Shiba Inu drops 4.79% amid thin market liquidity, testing key $0.0000055 support level.

Shiba Inu's price fell 4.79% to $0.00000557, showing a sharper decline than Bitcoin and other major coins due to thin market liquidity and low trading volume relative to its market cap. The coin is testing a critical support level at $0.0000055, with a 30-day trading range between $0.00000494 and $0.00000610. Despite the daily drop, Shiba Inu remains 1.63% higher over 30 days but is still 93.54% below its all-time high. Investors should consider the coin's volatility, thin order books, and tax implications before trading.

As of Oct 07, 2026 16:52 WIB, Shiba Inu trades at Rp0,0978 on Pluang, down 6.12% in one day, showing a sharper decline than Bitcoin's 2.34% drop. The coin's market cap stands at Rp57,93 trillion with a 24-hour trading volume of Rp1,47 trillion. Pluang data also shows that 63% of order activity is selling, indicating cautious sentiment among traders.

More News (SHIB)

Shiba Inu sees mixed spot and futures flows with net inflows in longer intraday windows.

Shiba Inu sees mixed spot and futures flows with net inflows in longer intraday windows.

Shiba Inu (SHIB) experienced positive net inflows in longer intraday spot markets, with an eight-hour inflow increase of over 440% and a 24-hour net inflow of about $613,500. However, shorter-term spot flows and most futures flows were negative, indi...

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Shiba Inu sees 440% rise in long-term spot inflows but short-term flows and futures remain weak.

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Shiba Inu (SHIB) has experienced a significant 440% increase in long-term spot market inflows, signaling renewed capital interest. However, short-term spot flows and futures market data show negative trends, with recent outflows and weakening support...

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Shiba Inu price fluctuates with currency effects; $0.00000578 amid euro-dollar exchange shifts.

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On October 6, 2026, Shiba Inu (SHIB) traded around $0.00000578, showing a 2% daily decline in USD but a slight weekly gain in euros due to euro weakening against the dollar. This currency effect causes different portfolio valuations depending on whet...

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406 billion Shiba Inu tokens withdrawn from exchanges, reducing sell-side liquidity amid price recovery.

406 billion Shiba Inu tokens withdrawn from exchanges, reducing sell-side liquidity amid price recovery.

Shiba Inu (SHIB) has seen a net outflow of about 101.2 billion tokens from exchanges, with 406 billion tokens involved in total inflows and outflows. This negative netflow means more SHIB tokens are leaving exchanges than entering, which can reduce i...

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Shiba Inu price dips 1.51% but AI predicts a 4.49% rally by end of October

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Shiba Inu (SHIB) price fell 1.51% on October 6 amid technical resistance and a crypto market pause. Despite this, AI models forecast a moderate price increase of about 4.49% by October 31, potentially reaching $0.0000061. The coin faces resistance ne...

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